Plexigrid

Plexigrid develops software solutions to optimize the planning and operation of electricity distribution networks. Founded in 2020, the company's technology aims to make power grids more flexible and efficient to support the clean energy transition. Plexigrid's platform creates a real-time digital twin of the electricity grid, enabling grid operators to better manage increasing demands from renewable energy sources, electric vehicle charging, and other distributed energy resources.

The company's core products include Tatari for grid planning and simulations, and Tia for flexibility management. These tools allow Distribution System Operators (DSOs) to detect where and when the grid is overloaded or underutilized. Plexigrid's software can automatically adjust energy consumption patterns to balance supply and demand, increasing electricity supply during low-demand periods and decreasing it during peak times to prevent bottlenecks. This "flattening the curve" approach can reduce grid costs by 35-40%.

A key differentiator of Plexigrid's technology is its focus on low-voltage grids, which face increasing challenges from intermittent loads and generation. The platform leverages data from smart meters, sensors, and traditional SCADA systems to enable real-time monitoring and control down to the household level. In August 2022, Plexigrid announced the integration of Monte Carlo scenario simulations into its Tatari platform to provide more accurate forecasts of future grid loads.

Key customers and partnerships

Plexigrid has worked with leading utility EDP to co-develop its grid technology. In November 2023, the company announced a strategic partnership with NODES AS to deliver integrated grid flexibility and market solutions for utilities. This partnership aims to empower DSOs to benefit from local flexibility markets operated by NODES.